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Product Redwood Options vs. Bloombex

Getting the most appropriate binary option trading srevice for your company is not that easy with a lot of functions, choices, and terms to consider. However, using our website will make it possible for you to simplify the selection process by getting all key providers in one location. As an illustration, you can match Bloombex and Redwood Options for their functions and overall scores, namely, 7.6 and 7.5, respectively. Likewise, you can compare which broker has better general user satisfaction rating: 100% (Bloombex) and 99% (Redwood Options) to find out which solution is the better option. Don’t simply start using the platform with the most attractive minimum deposit, but the service that has the best value for your money.

Product

Redwood Options

VS

Bloombex

VS

Score

Our Score

7.5 ?

Our Score

7.6 ?

Customer Experience

Customer Experience

99% ?

Customer Experience

100% ?

Minimum Deposit

$200

$300

Accepts US Clients

Yes
Yes
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Complete Review

Description

Redwood uses the SpotOption trading platform, a widely used and popular trading platform employed by the majority of online binary brokers due to its simplicity and effectiveness.

The platform is 100% web based, so software downloads are not required. You don’t need any previous trading experience as the platform has a user-friendly interface. You can make use of exclusive educational tools such as a free binary options e-book, live daily webinars, and video academy.

You can choose from a vast selection of assets to trade, including stocks, indices, commodities, and currencies. The platform’s trading modules are top of their class in the online trading market. This broker uses up to date and sophisticated technologies to ensure your security and satisfaction.

Bloombex uses the intuitive, modern SpotOption trading platform. You can see the payout ratio as a percentage in large blue digits on the right sidebar of the tool. On the left side, you can view the trader’s choice bar which shows the direction of the market sentiment. The interface of the platform is crisp and clear. A graph shows the movements of the asset prices. To get a wider view of available assets, it’s possible change the platform layout format.

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Japanese, Arabic, Swedish
Customer Service Hours: Redwood offers phone, email, and live chat support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, German, French, Russian, Italian, Turkish, Arabic, Dutch
Customer Service Hours: 24h/7
Place Trades Over the Phone?: Yes

Withdrawal Options:

Webmoney, Credit Card, Bank Wire Transfer PayPal, Credit Card, Bank Wire Transfer, Moneybookers

Trade Types

Redwood offers the following trade types:

  • 60 Second Options
  • Classic Up/Down Binaries
  • One Touch Options
  • Option Builder

Bloombex offers the following trade types:

One Touch: gives you the opportunity to invest in an underlying asset which you think will exceed or reach a certain value even though it might shift from that value in the future. Once the predetermined value is reached you get paid. Trading one touch options is made possible only during weekends.

Sixty Seconds: for people in need of fast income, the SPOTFN platform enables you to ride the short term trend with 30, 60, and 120 second expires. All you have to do is to select the asset, choose investment amount, and decide if the price will rise of fall.

Pairs: is a trading option where you predict which of two assets will perform better than the other by expiry. This is based on comparison, and exclusively the relative performance counts.

Ladder: It allows you to make multiple predictions on the same asset, enabling a wider range of opportunities to profit from.

Email

support@redwoodoptions.com accounts@bloombex-options.com

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
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Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities, etfs, CFDs Forex, Metals, Oil, Gold, Indices, Stocks, Commodities

Platform

Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Japanese, Italian, Arabic, Dutch, Swedish
OS Compatibility: Mac OS, iOS, Windows
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: English, German, French, Turkish, Arabic
OS Compatibility: Mac OS, iOS, Windows
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No

Comission

No
No

Phone

1-800-986-6750 44 2035191191

Deposit Options

Webmoney, Credit Card, Debit Card, Bank Wire Transfer PayPal, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, Skrill

Trading Accounts

Mini Trading Account – €500

  • 25% bonus
  • Starter webinars
  • Educational videos
  • Digital online e-book

Starter Trading Account – €1000

  • 30% bonus
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email

Silver Trading Account – €5000

  • 50% bonus
  • 1 risk free trade
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 1 academy session
  • 1 VIP webinar

Gold Trading Account – €10,000

  • 75% bonus
  • 1 risk free trade
  • 3 guaranteed profit trades
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 2 academy sessions
  • 1 VIP webinar
  • Optional tablet

Platinum Trading Account – €25,000

  • 100% bonus
  • 3 risk free trades
  • 5 guaranteed profit trades
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 5 academy sessions
  • 2 VIP webinar
  • Optional tablet
  • Same day withdrawal approval

Pls note: Risk free trade is up to 50% of the deposit.

You need not deposit any money or provide credit details to open an account at Bloombex. But for trading activities, you need to deposit a minimum of $300 or €300 before you can start trading. There is also a special Islamic Account offered for muslims.

Bloombex has a mobile application available for Android and iOS which allows you to easily trade over the phone wherever your are.

Payouts Percentage

81%

85%

Payout ratios

Redwood Options offers payout up to 81%.

Average returns range between 75% and 85%. One touch trades offer much higher returns of up to 500%. You can get rebates of up to 10% for out of the money trades.

Place Trades Over Phone

No
Yes

Located In

London, United Kingdom Germany
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Almost as important as functionalities and user support level are pricing packages given by Bloombex and Redwood Options. Although pricing should not be the sole factor it’s surely an important thing to think about. You should count on a flexible pricing package that can be matched with your business size and effortlessly scaled up if your business develops. Be sure that you don’t select plans that have advanced features that you won’t use and always make an effort to get in touch with the vendor directly because enterprises can often benefit from special pricing. You should also give a chance to a free trial or demo of every app to spend at least some time working with it. It’s a useful experience that doesn’t ask you to invest any money and offers a reliable overview of what it’s like to work with Bloombex and Redwood Options.